Best Liberal Arts Colleges for Economics Degree

Best Liberal Arts Colleges for Economics Degree

The best economics liberal arts colleges are those with rich histories of influence, proven through the work produced by the program’s faculty and alumni. Beyond demonstrating scholarly impact in the field, the best economics degree programs maximize your opportunities to interact with outstanding economics faculty.

A bachelor’s degree in economics is an excellent starting point for a career in finance, policy development, marketing, and a host of other highly lucrative fields. As an economics major, you’ll study production, consumption, wealth transfer, and the way these activities relate to policy and governance. Your economics degree will also incorporate such core principles of monetary policy, budget planning, and cost analysis. The best schools for economics are those which are regionally accredited, which offer a full array of economics concentrations, and which give you the chance to work with the best and most influential professors and classmates.

Degree popularity: Economics bachelor’s degrees are the 35th most popular undergraduate degrees across all student demographics. It’s most popular among Asian Americans and Pacific Islanders men and women, for whom it ranks as the 17th most desired degree, according to the number of degree earners reported by the National Center for Educational Statistics

Frequently Asked Questions About Economics Bachelor’s Degrees

Earning a bachelor’s degree in economics can open numerous professional doors. You could work as an internal financial consultant for a big company, as a stock trade for a brokerage firm, or as an analyst for a government think tank. In fact, the skills and knowledge you’ll acquire in your degree program are highly transferable. This means that your understanding of concepts such as local market behavior, small business enterprising, and investment banking could land you a role in any sector that interests you. The best schools for economics will put you in a position to become a leader in an array of fast-paced and well-paying fields.

Today, top influencers in economics are illuminating topics such as new economic geography, information asymmetry theory, wealth and income inequality, and much more.

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Economics is an excellent major because it can provide a pathway into countless fields and career opportunities. If you’re looking for a well-paying and secure job, an economics degree is a great place to start. Students who major in economics gain skills that are in high demand across a wide range of professional sectors. Abilities such as budget analysis, cost estimation, and market analysis make economics majors highly employable. According to the Bureau of Labor Statistics (BLS), the number of job opportunities for economists is expected to grow by a robust 14% by 2029.

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Once you’ve declared your major in economics, you will likely be required to complete a set of core courses in a number of related subject areas. While your concentration will give you a chance to choose from a wide range of highly-specialized economics electives, there are a number of common courses that most economics majors will be required to take, including:

  • Principles of Economics
  • Money and Banking
  • Economics of Healthcare
  • Globalization
  • Econometrics
  • Labor Studies
  • Economics and the Developing Sphere
  • Gender and Economy
  • Financial Markets
  • Sustainability and Development

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Earning a degree in economics can qualify you for a number of well-paying jobs. Your specialized knowledge qualifies you to work in one of the better-paying professional fields. According to the BLS, financial analysts earned a median salary of $81,590 in 2019, while personal financial advisors earned $87,850, and economists pulled in $105,020.

With a degree in economics, you’ll have a chance to pursue an array of high-paying opportunities, including these top jobs:

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Best Liberal Arts Colleges for Economics Degree Programs

If you think a research university may be a better fit for you, see our ranking of the best research universities for a bachelor’s in economics.

Best Liberal Arts Colleges for Economics Degree

  1. #1

    Swarthmore College

    Swarthmore , PA
    Other Rankings

    Tuition + fees

    $56K

    Acceptance

    9%

    Graduation

    97%

    Student body

    2K

    Median SAT/ACT

    1460/33

  2. #2

    Amherst College

    Amherst , MA
    Other Rankings

    Tuition + fees

    $61K

    Acceptance

    12%

    Graduation

    95%

    Student body

    2K

    Median SAT/ACT

    1415/32

  3. #3

    Williams College

    Williamstown , MA
    Other Rankings

    Tuition + fees

    $60K

    Acceptance

    15%

    Graduation

    96%

    Student body

    2K

    Median SAT/ACT

    1480/33

  4. Other Rankings

    Tuition + fees

    $58K

    Acceptance

    13%

    Graduation

    92%

    Student body

    1K

    Median SAT/ACT

    1435/32

    Claremont McKenna College Economics Majors

    • Economics
    • Accounting

    Source

  5. #5

    Wesleyan University

    Middletown , CT
    Other Rankings

    Tuition + fees

    $62K

    Acceptance

    21%

    Graduation

    91%

    Student body

    4K

  6. #6

    Wellesley College

    Wellesley , MA
    Other Rankings

    Tuition + fees

    $61K

    Acceptance

    20%

    Graduation

    94%

    Student body

    3K

    Median SAT/ACT

    1445/32

  7. #7

    Pomona College

    Claremont , CA
    Other Rankings

    Tuition + fees

    $57K

    Acceptance

    9%

    Graduation

    94%

    Student body

    2K

    Median SAT/ACT

    1465/33

    Pomona College Economics Major

    • Economics (STEM designated-degree program)

    Source

  8. #8

    Middlebury College

    Middlebury , VT
    Other Rankings

    Tuition + fees

    $60K

    Acceptance

    22%

    Graduation

    94%

    Student body

    3K

    Median SAT/ACT

    1445/33

  9. #9

    Bowdoin College

    Brunswick , ME
    Other Rankings

    Tuition + fees

    $58K

    Acceptance

    9%

    Graduation

    95%

    Student body

    2K

  10. #10

    Barnard College

    New York , NY
    Other Rankings

    Tuition + fees

    $60K

    Acceptance

    14%

    Graduation

    90%

    Student body

    3K

    Median SAT/ACT

    1430/32

    Barnard College Economics Majors

    • Economics (economics track)
    • Economics (political economy track)
    • Economics and Mathematics
    • Economic and Social History
    • Economics-Statistics
    • 4+1 Economics and Operations Research

    Source

  11. Other Rankings

    Acceptance

    9%

    Graduation

    85%

    Student body

    6K

    Median SAT/ACT

    1270/27

  12. #13

    Reed College

    Portland , OR
    Other Rankings

    Tuition + fees

    $63K

    Acceptance

    42%

    Graduation

    77%

    Student body

    1K

    Median SAT/ACT

    1422/32

    Reed College Economics Majors

    • Mathematics-Economics
    • International and Comparative Policy Studies (ICPS)
    • Environmental Studies-Economics (ES-Econ)

    Source

  13. #14

    Davidson College

    Davidson , NC
    Other Rankings

    Tuition + fees

    $55K

    Acceptance

    20%

    Graduation

    93%

    Student body

    2K

    Median SAT/ACT

    1397/31

    Davidson College Economics Major

    • AB Economics – STEM designated

    Source

  14. #15

    Colgate University

    Hamilton , NY
    Other Rankings

    Tuition + fees

    $62K

    Acceptance

    27%

    Graduation

    91%

    Student body

    3K

    Median SAT/ACT

    1415/32

    Colgate University Economics Majors

    • Economics
    • Mathematical economics
    • Environmental economics

    Source

  15. #17

    Oberlin College

    Oberlin , OH
    Other Rankings

    Tuition + fees

    $60K

    Acceptance

    35%

    Graduation

    86%

    Student body

    3K

    Median SAT/ACT

    1380/31

  16. Other Rankings

    Acceptance

    9%

    Graduation

    90%

    Student body

    6K

    Median SAT/ACT

    1350/29

    United States Naval Academy Economics Majors

    • Quantitative Economics
    • Mathematics with Economics

    Source

  17. #22

    Haverford College

    Haverford , PA
    Other Rankings

    Tuition + fees

    $61K

    Acceptance

    18%

    Graduation

    93%

    Student body

    1K

    Median SAT/ACT

    1460/33

    Haverford College Economics Majors

    • Economics
    • Economics – Mathematical Economics
    • One-Year Master’s Program (4+1)

    Source

  18. #25

    Vassar College

    Poughkeepsie , NY
    Other Rankings

    Tuition + fees

    $63K

    Acceptance

    25%

    Graduation

    88%

    Student body

    2K

    Median SAT/ACT

    1445/32

Go to all Liberal Arts Colleges for Economics programs

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